Vesarete Group OÜ is a OÜ based in Tallinn, registry code 16591782, status: active. Main activity: Installation, maintenance and repair of heating, ventilation and air conditioning equipment. According to EMTA, turnover for Q3 2026 was €121 299 with 7 employees.
Turnover
121 299 €
↑ 19.4%vs Q2 2026
State taxes
15 995 €
↑ 47.0%vs Q2 2026
Labour taxes
8 380 €
↑ 53.9%vs Q2 2026
Employees
7
±0vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry Specialised construction activities · EMTAK 43
Turnover · Q3 2026121 299 €
above 85% of companies
industry median 23 017 € · companies in the industry: 6 974
Labour taxes per employee1 197 €
above 47% of companies
industry median 1 236 € · companies in the industry: 5 958
Revenue · 2025431 300 €
above 91% of companies
industry median 37 328 € · companies in the industry: 10 311
Net profit margin · 2025-0.5 %
above 29% of companies
industry median 3.9 % · companies in the industry: 8 588
Taxes and turnover
Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 121 299 € · +19.4% vs Q2 2026 · industry median 23 017 € · above 85% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Labour taxes per employee, € Q3 2026: 1 197 € · +53.9% vs Q2 2026 · industry median 1 236 € · above 47% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
EmployeesQ3 2026: 7 · +0.0% vs Q2 2026State taxes, € Q3 2026: 15 995 € · +47.0% vs Q2 2026
Figures by quarter
Quarter
Turnover, €
State taxes, €
Labour taxes, €
Employees
Q3 2026
121 299
15 995
8 380
7
Q2 2026
101 561
10 883
5 444
7
Q1 2026
117 673
14 312
4 177
5
Q4 2025
161 517
3 511
4 242
3
Q3 2025
91 994
12 177
3 862
3
Q2 2025
100 378
12 744
3 822
2
Q1 2025
60 559
7 215
4 450
2
Q4 2024
112 187
7 707
5 302
3
Q3 2024
125 358
13 238
4 815
5
Q2 2024
72 220
6 410
2 380
3
Q1 2024
67 699
3 811
2 696
3
Q4 2023
107 934
16 711
1 782
3
Q3 2023
36 712
6 619
1 646
2
Q2 2023
9 398
3 059
1 573
2
Q1 2023
20 267
3 449
1 166
2
Q4 2022
18 488
3 272
—
1
Labour taxes per employee per month
399 €
Turnover per employee in the quarter
17 328 €
Q3 2026 · calculated from EMTA data
Financials by year
2023 – 2025
Revenue, € thousand 2025: 431 300 € · +11.4% vs 2024 · industry median 37 328 € · above 91% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit, € 2025: -2 357 € · −126.2% vs 2024 · industry median 561 € · above 19% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Net profit margin, % 2025: -0.5 % · −2.9 pp vs the year before · industry median 3.9 % · above 29% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Assets, € thousand 2025: 150 938 € · +68.2% vs 2024Equity, € 2025: 60 428 € · −3.8% vs 2024Employees2025: 3 · +0.0% vs 2024 · industry median 1 · above 75% of the industry
Company
Industry median
Industry: Specialised construction activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.
Financials by year
Year
Revenue, €
Net profit, €
Labour costs, €
Assets, €
Equity, €
Employees
2025
431 300
-2 357
44 806
150 938
60 428
3
2024
387 012
9 010
52 468
89 724
62 785
3
2023
216 873
51 275
28 016
59 177
53 775
3
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Net profit margin
-0.5 %
Net profit / revenue
Return on equity (ROE)
-3.9 %
Net profit / equity
Return on assets (ROA)
-1.6 %
Net profit / assets
Equity ratio
40.0 %
Equity / assets
Debt ratio
60.0 %
Liabilities / assets
Current ratio
0.84
Current assets / current liabilities
Revenue per employee
143 767 €
Revenue / average full-time employees
Labour cost per employee per month
1 245 €
Labour costs / employees / 12 months (incl. employer taxes)
